Check my work 5 Colter Steel has $4,600,000 in assets. 2 points Temporary current assets Permanent current assets Fixed assets $ 1,200,000 1,510,000 1,890,000 $4,600,000 Total assets eBook Assume the term structure of interest rates becomes inverted, with short-term rates going to 14 percent and long-term rates 3 percentage points lower than short-term rates. Earnings before interest and taxes are $980,000. The tax rate is 30 percent. Hint If long-term financing is perfectly matched (synchronized) with long-term asset needs, and the same is true of short- term financing, what will earnings after taxes be? Print Earnings after taxes